RETAIL FOR LEASE W. 75th St., Downers Grove, IL 60516
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- Walter Warner
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1 AVAILABLE SF: LEASE RATE: LOT SIZE: BUILDING SIZE: CROSS STREETS: 1,500 & 1,750 SF $ SF/Yr NET 6.8 Acres 379,440 SF 75th St & Lemont Rd. PROPERTY OVERVIEW KW Commercial is pleased to offer two restaurant spaces for lease: 1,500 SF ($20/SF net) & 1,750 SF ($23/SF net). Situated in an outlet of the Grove Shopping Center, and across the street from the Woodgrove Festival Shopping Plaza, these spaces are part of a restaurant strip which include Chili s, El Famous Burrito and many more. Located along 75th St, which provides a vehicular traffic count of 27,480 daily vehicles. PROPERTY FEATURES One 1,750 SF restaurant One 1,500 SF open use space Easy ingress/egress High visibility Great space for a restaurant or any type of office and/or retail space
2 PROPERTY OVERVIEW Two restaurant spaces for lease: 1,500 SF & 1,750 SF. LOCATION OVERVIEW Downers Grove's roughly 50-minute (25-minute express) connection to the Loop via three BNSF Railway stations provides many working residents with a convenient commute to the city. Nevertheless, Downers Grove itself serves as headquarters for a multitude of locally, regionally, and nationally renowned businesses. Respective examples include Every Day's a Sundae, Advocate Health Care, and Fortune 500 member Dover Corporation. The village is also home to regional satellite offices of numerous national corporations, including Microsoft, MetLife, and State Farm.[8][9]Downers Grove's retail economy is largely supported by the local section of Ogden Avenue. Formerly part of U.S. Route 66, the stretch of Ogden Avenue that weaves through Chicago's western suburbs is particularly known for its extensive range of automobile dealerships, classic car dealerships, and service centers. Brands represented by Downers Grove auto groups include Aston Martin, Bentley, Chrysler-Dodge-Jeep-Ram, Ford, Lamborghini, Mazda, Mitsubishi, Nissan, and Volkswagen. Ogden a colloquial shortening of the road's name is also framed by a variety of grocery and convenience stores such as CVS, Fresh Thyme Farmers Market, Jewel, Trader Joe's, and Walgreens. While the road serves primarily as a route to destinations, industrial and corporate parks that host the aforementioned headquarters can be found on Ogden's tributaries adjacent to major tollways such as I-355 or I-88.
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5 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 12, , ,623 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 5,035 41,061 94,981 # OF PERSONS PER HH AVERAGE HH INCOME $88,687 $93,472 $94,232 AVERAGE HOUSE VALUE $349,526 $364,556 $366,356 RACE 1 MILE 3 MILES 5 MILES % WHITE 76.0% 78.0% 78.2% % BLACK 6.5% 7.5% 7.0% % ASIAN 13.1% 9.3% 9.2% % HAWAIIAN 0.1% 0.0% 0.0% % INDIAN 0.3% 0.2% 0.2% % OTHER 3.3% 3.6% 4.0% ETHNICITY 1 MILE 3 MILES 5 MILES % HISPANIC 7.0% 9.2% 10.0% * Demographic data derived from 2010 US Census
6 SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) AVAILABILITY 1332 W. 75th St, Downers Grove, IL Restaurant $23.00 SF/YR NNN 1,750 SF VACANT 1340 W. 75th St, Downers Grove, IL, Restaurant $20.00 SF/YR NNN 1,500 SF VACANT
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